Good morning, October has passed in the blink of an eye, and a new November has arrived. Are you satisfied with this Silver October?

The pancake is looking at the monthly K line closing, and a clear reversal in rhythm has emerged. The following trend will be a large fluctuation. Yesterday, it fell back below 70,000 from a high near 73,000, and is currently consolidating around 70,000. The beginning has already shown such a large amplitude, and there will definitely be continuous big profits ahead. Be prepared and ready to take off at any time.

From a structural perspective, the daily line has experienced three consecutive bearish corrections, and the rhythm has shown a clear reversal. Moreover, the historical high points above have not been broken, and all indicators are also maintaining a weak trend. This round of correction needs to further probe for low-point support.

In the short-term and small cycle, the weak rhythm is even more evident, and there has been no opportunity for the bulls to warm up and recover. The overall rhythm is a weak shape. It is suggested to operate around the high point, and friends who are preparing to bottom-fish can observe.